Tokenized equities hit record $3.86B in June, led by SpaceX tokens

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Tokenized equities trading reached a record $3.86 billion in June, driven largely by interest in SpaceX-linked tokens. SpaceX tokens alone accounted for $1.19 billion, representing 31% of the total monthly trading volume. Backpack's SPCX token was the dominant instrument in this segment, recording $1.08 billion in trades. The surge coincides with heightened market anticipation around a potential SpaceX IPO.

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